Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 20. Insurance |
Chapter 6. PARTICULAR TYPES OF INSURANCE |
Article 8.1. Mortgage Guaranty Insurance |
Sec 20-1554. Unearned premium reserve
Latest version.
-
A mortgage guaranty insurance company shall compute and maintain an unearned premium reserve that is according to the method approved by the director and that is consistent with the accounting practices and procedures manual adopted by the national association of insurance commissioners.